Topic: Bankers are killing the cryptocurrency market - page 3. (Read 958 times)
There are some rumors about the wall street boys who controlling with some whales the up and downs of bitcoin. Combined with the futures tradings, there maybe some people who are making a lot of money. But the other side is, that the volume on the futures are so low that its impossible that they can controll the charts. So i think theres really some whales behind who controll this, but i think they do it in another way which is unknown for us. So the most important thing is, that we as a community stick together and dont let us fool by those people.
The opinion makes sense to us to be honest but it's far too early to confirm such big of an allegation considering that the accusations are big and controversial. However, we must support the banking industry as well as we couldn't transfer our cryptocurrencies into tangible cash without them. For now, let's gather enough plausible evidences and act based on the conclusion
I do not think that bankers can kill the crypto currency market.
I think that the potential negative sides of bankers here are not even close to what bankers themselves are thinking about crypto currencies. Simply put, crypto takes out the services banks offer to people, and for that reason are frightened just by thinking about Bitcoin as main crypto. These bankers probably were of believe that they could operate for many more years without giving people that extra convenience and usability, but that has officially ended after Bitcoin's entrance. It's no coincidence that since the last few years, banks have significantly improved their services and customer support, where before they didn't care about their customers anymore. That's what I consider to be a fantastic development.
It may be true hypothetically but if we are to stay honest to ourselves, bankers don't have to be afraid of anything, at least not yet. Bitcoin didn't become a competitor to banking services despite all its past warmongering rhetoric. It couldn't solve its scalability problem and is about to collapse under its own weight. How big is the blockchain right now? Around 150 Gb, if I'm not mistaken. And just imagine what's going to happen if the number of transactions grows a few times in a short while? We would be stuck instantly! The current system is not just unscalable, it is quickly becoming completely unsupportable.
I don't think that bankers and government can kill cryptocurency but yes they can banned but some people right now they can manipulate website so that they can enter in cryptocurrency world even thou it is banned. Some of the employee of banks was they didn't like also the cryptocurrency just because of they think that it is bubble. But here in my country some of banks adapt the nature and partnership in cryptocurrency.
Bankers don't really want to kill bitcoin; they just want to enter in the game (as now they realize the importance of bitcoin), and want to buy at the best price. You can bet that in some weeks, after the big shopping will end - the price will rise again.
I do not think that bankers can kill the crypto currency market.
I think that the potential negative sides of bankers here are not even close to what bankers themselves are thinking about crypto currencies. Simply put, crypto takes out the services banks offer to people, and for that reason are frightened just by thinking about Bitcoin as main crypto. These bankers probably were of believe that they could operate for many more years without giving people that extra convenience and usability, but that has officially ended after Bitcoin's entrance. It's no coincidence that since the last few years, banks have significantly improved their services and customer support, where before they didn't care about their customers anymore. That's what I consider to be a fantastic development.
I do not think that bankers can kill the crypto currency market. Crypto currencies life span is not in their hands . The communities of crypro currencies are the ones that will determine what happens to it.
and yet, to date, quite a lot of bank employees have been speaking in the mass media with statements about the negative consequences of using crypto currency. Thus, it can be concluded that the banking system starts active activity on the black PR of the crypto currency.
I do not think that bankers can kill the crypto currency market. Crypto currencies life span is not in their hands . The communities of crypro currencies are the ones that will determine what happens to it.
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
Banks will always fight with cryptocurrencies because they lose the opportunity to make a profit. They do not make money on granting loans, they have no control over the flow of money. That's why they can not accept it.
This is the real point: bitcoin, banks, governments, bans, and so on are just details.
The war is centralization against decentralization.
If the idea of a decentralized blockchain will work, it will be applied to so many thing that will destroy the idea of traditional power.
And it seems normal to me that traditional centers of power don't like this trend and try to stop it.
The war is centralization against decentralization.
If the idea of a decentralized blockchain will work, it will be applied to so many thing that will destroy the idea of traditional power.
And it seems normal to me that traditional centers of power don't like this trend and try to stop it.
The right sentence should be "Bankers are TRYING to kill the cryptocurrency market"
And even in this case I agree only partially.
All the bankers want is to keep control on the financial system, and bitcoin is something they can't control.
At least for now.
So, we can expect all kind of tricks from bank and governemnts.
But I'm very positive that thay won't succeed, even it will be a bloody war.
I’m aware they want to create a state-backed cryptocurrency, but that is no good reason to fight Bitcoin. By the way, if they create a state-backed cryptocurrency, it won’t be decentralized, but rather CENTRALIZED. I don’t really think it’s banks that are fighting against Bitcoin, although I do see economists saying all sort of things, I just think the reason is that big investors are withdrawing the profits they have made so far.And even in this case I agree only partially.
All the bankers want is to keep control on the financial system, and bitcoin is something they can't control.
At least for now.
So, we can expect all kind of tricks from bank and governemnts.
But I'm very positive that thay won't succeed, even it will be a bloody war.
The right sentence should be "Bankers are TRYING to kill the cryptocurrency market"
And even in this case I agree only partially.
All the bankers want is to keep control on the financial system, and bitcoin is something they can't control.
At least for now.
So, we can expect all kind of tricks from bank and governemnts.
But I'm very positive that thay won't succeed, even it will be a bloody war.
I’m aware they want to create a state-backed cryptocurrency, but that is no good reason to fight Bitcoin. By the way, if they create a state-backed cryptocurrency, it won’t be decentralized, but rather CENTRALIZED. I don’t really think it’s banks that are fighting against Bitcoin, although I do see economists saying all sort of things, I just think the reason is that big investors are withdrawing the profits they have made so far. And even in this case I agree only partially.
All the bankers want is to keep control on the financial system, and bitcoin is something they can't control.
At least for now.
So, we can expect all kind of tricks from bank and governemnts.
But I'm very positive that thay won't succeed, even it will be a bloody war.
Look op, judging by your rank, i think that you have also been here for quite some time also. And if i am not mistaken, you should've already read a lot about not just bitcoins but also about most crypto currencies existing. And i honestly think that someone like you have at least looked at the history of cryptos at least once or twice on how they move every month of every year. Which coin,is why i do not understand the reason for your worries. I mean, don't you see that this corrections are healthy for the world of crypto as a whole?
Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
Yes corrections are good for the progress of bitcoin.I would say that instead of sudden increase in price in bitcoin and reaching ATH price of $20,000,it would be far better if the price rise slowly.Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
Well, the sad thing is, not everyone sees this. What these newbies want are straight and fast price rises all the time. These greedy bastards want this to happen because obviously they want to get very high profits amd when they already get what they want, they will relentlessly dump all their holdings and ride through the sun set on their Lamborghinis with their hoes. Well guess what, it doesn't work that way. People do not have the same mindsets, and the same needs and wants at the same time, everytime someone wins, there must be someone who takes the loss. That is how it works here in the crypto world. The earlier you accept the truth, the earlier you will be able to adjust and get used to this trend. Just sayin,'.
Correct me if I'm wrong, but isn't this called a zero-sum game when someone wins someone else necessarily loses? And this is even truer with respect to speculative markets. If Bitcoin got wider adoption in real life and commerce, peeps could spend their coins on real things, and that wouldn't be a conflict game. But as long as bitcoins are bought with the sole purpose of selling them later, this will remain a selfishly optimal strategy. Here I refer to your statement about people relentlessly dumping their holdings and riding through the sunset on their expensive cars with whores.
I don't think that the bankers are the killers here because in fact, the cryptocurrencies are the killers here because they are killing the bankers slowly but surely which i agreed about because this is the time for the centralized people to get off from our economy and let us, the decentralized people be the superior because it is about being equal and not depending on those centralized organization.
If not bankers, who would do such a thing?
What is happening right now is far beyond the whales.
PLEASE, TAKE A LOOK AT THE MARKET TODAY!
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Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
No that is just people taking a pounding and panicking because they thought they could make some easy money and now they are discovering they are going to lose all their money and they were never prepared to face the consequences of trading in the first place. What is happening right now is far beyond the whales.
PLEASE, TAKE A LOOK AT THE MARKET TODAY!
snip
Bankers are just doing this to blackmail bitcoin and altcoins to force governments around the world ban cryptocurrencies.
I do believe that the fall on prices is very normal due to high increase in a short period of time and the correction for the sake of the market needed to come, it is ok I guess.
Look op, judging by your rank, i think that you have also been here for quite some time also. And if i am not mistaken, you should've already read a lot about not just bitcoins but also about most crypto currencies existing. And i honestly think that someone like you have at least looked at the history of cryptos at least once or twice on how they move every month of every year. Which coin,is why i do not understand the reason for your worries. I mean, don't you see that this corrections are healthy for the world of crypto as a whole?
Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
Yes corrections are good for the progress of bitcoin.I would say that instead of sudden increase in price in bitcoin and reaching ATH price of $20,000,it would be far better if the price rise slowly.Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
Well, the sad thing is, not everyone sees this. What these newbies want are straight and fast price rises all the time. These greedy bastards want this to happen because obviously they want to get very high profits amd when they already get what they want, they will relentlessly dump all their holdings and ride through the sun set on their Lamborghinis with their hoes. Well guess what, it doesn't work that way. People do not have the same mindsets, and the same needs and wants at the same time, everytime someone wins, there must be someone who takes the loss. That is how it works here in the crypto world. The earlier you accept the truth, the earlier you will be able to adjust and get used to this trend. Just sayin,'.
bankers wanna profit from cryptocurrency and not destory it...
I don't think they really want to kill the cryptomarket: they only want to profit of it and to keep the control.
I suspect that very soon any bank will have its own currency, and will try to convince its client that it's better than bitcoin.
I suspect that very soon any bank will have its own currency, and will try to convince its client that it's better than bitcoin.
Still bankers are closely connected with governments. The Chinese government admires the technology that underpins virtual currencies
and wants to reap the benefits. It is prodding its big financial firms to experiment with blockchain. But officials obviously believe they can do this without
having to tolerate the currencies themselves.
and wants to reap the benefits. It is prodding its big financial firms to experiment with blockchain. But officials obviously believe they can do this without
having to tolerate the currencies themselves.
Look op, judging by your rank, i think that you have also been here for quite some time also. And if i am not mistaken, you should've already read a lot about not just bitcoins but also about most crypto currencies existing. And i honestly think that someone like you have at least looked at the history of cryptos at least once or twice on how they move every month of every year. Which coin,is why i do not understand the reason for your worries. I mean, don't you see that this corrections are healthy for the world of crypto as a whole?
Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
Yes corrections are good for the progress of bitcoin.I would say that instead of sudden increase in price in bitcoin and reaching ATH price of $20,000,it would be far better if the price rise slowly.Overnight success should not be expected.I have been in this crypto market for the past two years and we have enjoyed each move by this marvelous crypto currency and we never expected bitcoin to reach such an ATH of 20,000 dollars within a month and we were a little bit shocked instead of enjoying it as we clearly know that it's not at all good for the progress of bitcoin.But not everyone especially newbies think like that. Unless, you can show things that prove your claim, i really wouldn't be worried. Instead, i would be happy since this is a great opportunity to invest amd gain more profits. Just sayin'.
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